Many opportunities to export tea to the Australian market

Published 2021년 5월 5일

Tridge summary

From 2016 to 2020, Australia experienced a slight growth in tea imports, but in 2020, there was a 6.3% decrease due to the Covid-19 pandemic, with the total value of imports being $102.25 million. The average price per ton of imported tea increased by 3.3% in 2020. In January 2021, Australia's tea imports surged by 26.8% in volume and 42.5% in value compared to the previous year, with the average price per ton also rising by 12.4%. The majority of the tea imported was from India, Sri Lanka, the United Arab Emirates, Indonesia, and China, with Vietnam contributing a very small proportion. The types of tea imported included black and green tea, with a significant increase in the volume and value of green tea imports from Vietnam in January 2021.

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Original content

Source: Nhandan.com.vn According to statistics from the International Trade Center (ITC), Australia's tea imports in the period 2016-2020 grew by an average of 0.6% / year. In 2020, due to the impact of the Covid-19 epidemic, Australia reduced tea imports, reaching 13.18 thousand tons, worth US $ 102.25 million, down 6.3% in volume and 3.2% in value compared to that of year 2019. The average import unit price of Australian tea in 2020 reached 7,760 USD / ton, an increase of 3.3% compared to 2019. In January 2021, Australia's tea imports reached 1.4 thousand tons, worth 12 , USD 06 million, up 26.8% in volume and 42.5% in value compared to January 2020. Average import unit price of tea reached 8,570.3 USD / ton, up 12.4% compared to January 2020. In terms of market, January 2021, Australia imported the most tea from India, Sri Lanka, United Arab Emirates, Indonesia and China. Total imports from these five markets accounted for 84.5% of total imported tea from Australia in January ...

Source: AgroInfo.vn